Home » Technology » Sony buys Bungie for $3.6 billion | News

Sony buys Bungie for $3.6 billion | News

Destiny franchise continues to be multiplatform

Written by Michel Musters on

Sony has announced that it is buying Bungie for $3.6 billion – about $3.21 billion.

The Destiny franchise continues to be multiplatform. Bungie will also continue to have the option to independently choose what their games appear on. They may also continue to publish their own games on platforms of their choice.

“We’ve had a great partnership with Bungie since the inception of the Destiny franchise and couldn’t be happier to welcome them to the PlayStation family,” said PlayStation CEO Jim Ryan. Games Industry. “This is an important step in our strategy to bring PlayStation to an even wider audience.”

“In Sony Interactive Entertainment, we have found a partner who will unconditionally support us in all that we are and support our vision to spread entertainment across generations, while ensuring the creative independence that is at Bungie’s heart,” said a article on the Bungie website. “Sony just believes us that game worlds are just the beginning of what our IPs can become. Together we share the dream of nurturing iconic franchises that unite friends across the world, families spanning generations and fans spanning multiple platforms and entertainment forms.”

Bungie was bought by Microsoft in 2000 and developed the first Halo games for the company. In 2007, Bungie announced it was once again an independent studio, after which it made Destiny and Destiny 2. The company struck a deal with Activision Blizzard to release those games, but dropped that deal in 2019. Bungie continues to release updates and expansions for Destiny 2 and is also working on a completely new IP, which is not yet known. Furthermore, it previously announced that it wants to open a new studio in Amsterdam in 2022.

Earlier in January, two other major acquisitions within the gaming industry were announced. Microsoft plans to acquire Activision Blizzard for $68.7 billion and Take-Two to acquire Zynga for $12.7 billion.

– – –

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.